against the pilot whale hunt. These were groups pledged to »bring the Faroes to their knees« by means of an economic boycott who routinely smeared Faroese people as bloodthirsty barbarians. Yet they were still [...] eyes open then the links that are created can only help the Faroe Islands. The British clearly have an agenda based on their national interests to pursue in their engagement with the Faroe Islands. They [...] e about this. It is a normal tool of diplomacy. But it does put the onus on the Faroese to decide what they want out of the relationship and to pursue this with equal determination. There must after all

course referring to the Yugoslavia mess and, nearer to home, Northern Ireland. On the other hand, what was an urgent matter for the Faroese, was clearly not so for the UK with its much larger and more diverse [...] simpel issue concerning drawing the line between peacable North Atlantic neighbours can take this long, what hope is there for reaching dials where the politics are far more complex and where open conflict may [...] five years or so, and Thorshavn was accusing the Brits of trying to grasp everything they could of what the Faroese regarded as their territory? bully boy tactisc, it was said on some quarters. Assuming

umleið 13 ár. GEORGE: John var longu kendur fyri at vera nakað serligt í skúlanum hann gekk. Hann hevði »an attitude«. Og hann visti tað. RINGO: Eg fór at ganga saman við eini gentu. Men tað helt ikki serliga [...] »She Said, She Said«. Tann mittasti parturin av sanginum er frá einum øðrum lagi: »She said, I know what it?s like to be dead« og eg kom við partinum »Oh, no, no you?re wrong« Onkuntíð plagdi eg at skriva

Aberdeen-headquartered Dana Petroleum, which holds an option over 20% of FK?s shares and as a strategic partner Had FK been floated on the LSE as an oil junior ahead of the first drilling campaign, it [...] dream of the Faroe Islands becoming an oil and gas producing province in their own right can ever be realised, if that ever happens. However, it is far too early to know what the real potential is, though figures [...] operators to drill the Faroe Islands Continental Shelf, remains sketchy. As expected, all focused on an area of the Faroe-Shetland Channel adjacent to the BP-operated Foinaven and Schiehallion oilfields

reward and in so doing achieve an initial 30% saving on capital projects. Alliancing and partnering became the buzz words and CRINE proved a success although it was criticised as an initiative to stifle research [...] companies. The drilling has been a long time coming in Faroese waters but momentum is building in what might become an unstoppable force. The signs which marked the arrival of the industry in Aberdeen and Shetland [...] Sea sooner or later. His words were prophetic and it was he who was called to douse the flames on what was left of Occidental?s Piper Alpha platform. It was a tragedy which was to have a world wide impact

added Councillor Halcro-Johnston. »And that was exactly what was needed in a community that had depended so long on fishing and farming.« »It was also an opportunity for so many Orcadians, who had been forced [...] was writing and directing Local Hero,« he said. »There are so many parallels between what happens in the film and what actually occurred on Flotta and the sense of humour that comes across is very Orcadian [...] The Hollywood star Burt Lancaster steps out of a helicopter on to a remote Scottish beach. Playing an American oil tycoon called Felix Happer, he announces: »Now I'm here I think I'd like to organise a

decision on what tax rate to use on »derivative income« may be a complex one because there are several alternatives, depending on whether the taxpayer is (1) a wage earner (employee) or an (independent) [...] of everyday life for the Faroese people. Most Faroese taxpayers pay income tax as this is considered an appropriate way of financing the services that a modern society has to offer. Income tax is paid with [...] and collected in accordance with rules that are applicable to all Faroese citizens. In recent years an increasing number of special rules concerning income taxation have been enacted in the Faroe Islands

barrels a day. Easy to see what Mr Goodlad?s thoughts are, when he comments: »We hope the Clair development will mean continuation of the Sullom Voe Oil Terminal much beyond what we have originally envisaged [...] benefit hugely once oil is discovered in the Faroese sector. Already speculations are mounting to what extent the islands? massive oil terminal at Sullom Voe will be able to handle oil extracted from Faroese [...] been made clear by the Faroese authorities that it was their intention to land Faroese oil in Faroe in an attempt to gain the full economic benefits. Mr Goodlad adds that Sullom Voe and a fictive Faroese terminal

yet, when drilling for oil offshore Faroes began last year, doubtless many citizens were hoping for an instant bonanza. Predictably, that boom did not materialise. No matter how much success there is during [...] of the three exploratory wells drilled during the first Faroes offshore drilling season encountered what could ultimately prove to be viable quantities of gas/gas condensate ? Marjun (6004/16-1z). More than [...] ent. Just now, Agip is drilling the 164/27-1 well on the Rockall Trough Antaeus prospect, close to an earlier, apparently unsuccessful wildcat. The Antaeus well will also provide valuable data for the

By Bruce McMichael Drilling in frontier areas such as offshore the Faeroe Islands is an expensive, nerve-wracking occupation fraught with economic uncertainty and personal danger, capable of giving jaded [...] countries in the region. At the same time, keeping a close eye on future offshore UK licence rounds is an important weapon in the explorer?s armoury. The UK will open its 21st licence round next year but it [...] department of energy spokesman added: ?We are still working on the licence round and expect to make an announcement early next year.? Fears that existing local industry, in particular the fishing industry